veri blog

As global banking systems continue to retrench and public markets struggle to meet the funding needs of growth economies, private credit has emerged as one of the most important forces reshaping capital allocation worldwide. Nowhere is this shift more pronounced than in Africa, where financing gaps remain significant across infrastructure, SMEs, and mid-market corporates. For Mauritius, this moment presents both opportunity and challenge. The jurisdiction has long been centra

Nigeria’s financial markets are adjusting to the Central Bank of Nigeria’s (CBN) latest move to reform its foreign exchange regime—an effort aimed at rebuilding credibility, easing currency volatility, and unlocking investor inflows after two turbulent years. The core of the change is a redesigned FX allocation mechanism that introduces greater transparency and price discovery through market-driven auctions, replacing a patchwork of official and unofficial rates. What’s New?

After a nearly three-year hiatus from global capital markets, Ghana is preparing a potential return to the Eurobond market—a move seen as both a test of investor confidence and a marker of the country’s progress since its sovereign debt restructuring. With inflation now under 8%, a broadly stable cedi, and evidence of fiscal tightening, the Ministry of Finance has signaled readiness to re-engage external markets under more disciplined terms. The proposed issuance would be Gha

Long-term builders don’t just work differently.They see differently . Early on, I used to think the difference between short-term and long-term thinking was patience. I no longer believe that’s true. Patience is part of it — but the real difference is perspective. Long-term builders don’t look for quick confirmation. They don’t need constant validation that they’re on the right path. They’re comfortable operating without applause, without headlines, and often without certaint

Local-currency bond markets in East and Southern Africa are experiencing a surge of interest from both domestic and foreign investors. Countries such as Kenya, Zambia, Tanzania, and Uganda are seeing strong demand in recent government debt auctions, marking a shift toward deeper local financing and reduced reliance on foreign-currency borrowing. Financial authorities and international institutions are seizing this momentum to broaden yield curves, improve market infrastructur

ACCRA, Ghana – January 16, 2026: West African economies are rapidly advancing their digital financial infrastructure as a cornerstone for broader economic inclusion and modernization. Across the region, especially in Ghana and Nigeria, authorities are enacting forward-looking policies and partnerships to digitize banking services, strengthen payment systems, and extend financial access to underserved populations. These moves – backed by new regulations, collaborations with t

ACCRA, Ghana (January 16, 2026) – African central banks are increasingly shifting from monetary tightening to easing as inflation rates fall to multi-year lows across the continent. After aggressive interest rate hikes in 2022–2023 to tame price surges, policymakers in countries from Ghana to Kenya have begun cutting benchmark rates in response to sharply lower inflation. The trend signals a new phase of monetary policy aimed at supporting growth now that earlier inflationar

As global financial markets become more complex and less transparent, one theme is rapidly moving to the forefront of regulatory and investor decision-making: visibility . In 2026, jurisdictions are no longer competing solely on tax, treaties, or legal frameworks. Increasingly, they are competing on data quality, reporting capability, and supervisory insight . For Mauritius, this shift presents both a challenge and an opportunity. Why Visibility Has Become a Strategic Issue A

Election cycles have always influenced capital allocation decisions across emerging markets. In 2026, however, political risk is intersecting with a more cautious global investment environment, heightened regulatory expectations, and a growing reliance on private capital rather than public markets. For Mauritius-based structures investing across Africa, election risk is not a reason to exit markets—but it is increasingly shaping how, when, and under what conditions capital i

As global banks continue to retrench from long-dated and higher-risk lending, private credit has emerged as one of the most significant structural shifts in global finance. Nowhere is this more evident than in Africa, where infrastructure projects, mid-sized corporates, and growth-stage businesses face persistent funding gaps that traditional lenders are increasingly unwilling or unable to fill. For Mauritius, this evolution presents a timely and potentially durable opportuni

For years, Mauritius’ international financial centre has been closely associated with fund structures—collective vehicles designed to pool capital and deploy it across regions and asset classes. While funds remain a cornerstone of the jurisdiction’s offering, global investor behaviour is shifting in ways that may open a new avenue for growth: the rise of structured and bespoke investment products . As capital becomes more selective and portfolios more personalised, the questi

Over the past decade, Mauritius has worked steadily to align its international financial centre with evolving global regulatory expectations. Enhanced substance requirements, closer supervisory oversight, and deeper cooperation with international standard-setting bodies have reshaped the jurisdiction’s financial services landscape. As 2026 begins, a new question is emerging—one that goes beyond compliance: how much scale can Mauritius’ financial sector absorb without diluting

January 16, 2026 East African central banks are entering 2026 with a cautious but optimistic stance. With inflation rates easing to multi-month lows and currencies largely stable, monetary policymakers in Uganda, Tanzania, and Kenya have opted to hold or even ease their benchmark interest rates. This coordinated trend reflects confidence that price stability can be maintained while providing room for policies that support economic growth in the region. Uganda: Policy Rate Unc

While much of the global financial narrative remains focused on public markets, interest rates, and geopolitical risk, a quieter but more consequential shift continues to unfold beneath the surface. Capital is steadily migrating away from listed markets toward private equity, private credit, infrastructure finance, and bespoke structured investments. For Mauritius, this evolution presents a rare strategic opportunity. Not because it can compete on scale with major financial c

For much of the past two decades, Mauritius has been widely regarded as Africa’s preferred international investment gateway. Capital flowed through its structures into Southern, Eastern, and increasingly West African markets, supported by legal certainty, treaty networks, and a well-developed professional services ecosystem. As 2026 begins, however, that long-standing role is being quietly but fundamentally questioned. Capital is becoming more direct, African markets are slow

Mauritius has spent the better part of two decades positioning itself as one of the most credible international financial centres (IFCs) servicing cross-border investment into Africa and beyond. Its appeal has rested on a familiar but carefully balanced proposition: regulatory credibility, tax efficiency, political stability, and strong professional services infrastructure. As 2026 begins, however, the Mauritian IFC finds itself at a critical juncture. Global regulatory expec

Zimbabwe has implemented a wide-ranging package of new taxes and levies effective January 1, 2026, in a bid to widen its tax base and increase government revenue. The measures, announced in the 2026 National Budget and now enforced by Finance Act No. 7 of 2025, target digital services, mining exports, gambling winnings, and property rentals, among other areas. Officials say the reforms mark a major shift in the country’s fiscal strategy, touching virtually every sector of the

Kenya’s first Treasury bond auction of 2026 saw robust uptake, with the government raising Ksh 60.6 billion  against a Ksh 60 billion target. Investors placed total bids of about Ksh 71.5–73 billion , making the sale oversubscribed by roughly 20% . This strong appetite – coming amid delays in external funding tied to IMF talks – highlights investor confidence in Kenya’s credit and abundant liquidity in the domestic market. The Central Bank of Kenya (CBK) accepted Ksh 60.58 bi

Uganda is on the cusp of a major economic turning point. After years of courting short-term speculative capital – the so-called “hot money” flowing into high-yield local debt – the East African nation expects to begin producing oil in 2026, unlocking long-term foreign direct investment (FDI) and export revenues. Officials and analysts say this oil boom could strengthen Uganda’s balance of payments and reduce reliance on fickle capital flows, but they caution that the transiti

Harare, January 12, 2026 – Zimbabwe’s central bank is touting a rare victory over inflation, as new data show annual price growth plunged to about 15% in December, down from 19% in November and far below the triple-digit rates seen earlier in 2024. Month-on-month inflation has virtually flatlined – rising just 0.2% in December – amid aggressive moves to choke off money supply growth and stabilize the Zimbabwe dollar. The authorities credit an austere monetary stance, includin